Capital Markets

Company Overview of Wells Fargo Funds Trust - Short-Term Bond Fund

Company Overview

Wells Fargo Funds Trust - Short-Term Bond Fund is an open ended fixed income mutual fund launched and managed by Wells Fargo Funds Management, LLC. The fund is co-managed by Wells Capital Management Incorporated. It invests in the fixed income markets of countries across the globe. The fund primarily invests in below investment-grade debt securities which include corporate, mortgage- and asset-backed securities, bank loans and U.S. Government obligations and also in U.S. dollar-denominated debt securities. It invests both investment-grade and below investment-grade debt securities and with dollar-weighted average effective maturity to be three years or less. The fund employs fundamental anal...

Wells Fargo Funds Trust - Short-Term Bond Fund is an open ended fixed income mutual fund launched and managed by Wells Fargo Funds Management, LLC. The fund is co-managed by Wells Capital Management Incorporated. It invests in the fixed income markets of countries across the globe. The fund primarily invests in below investment-grade debt securities which include corporate, mortgage- and asset-backed securities, bank loans and U.S. Government obligations and also in U.S. dollar-denominated debt securities. It invests both investment-grade and below investment-grade debt securities and with dollar-weighted average effective maturity to be three years or less. The fund employs fundamental analysis along with a top-down and bottom-up security picking approach by focusing on factors such as economic growth, employment conditions, corporate profits, inflation, monetary and fiscal policy, the influence of international economic and financial conditions, credit research, duration measurements, historical yield spread relationships, volatility trends, and mortgage refinance rates to create its portfolio. It benchmarks the performance of its portfolio against the Barclays 1-3 Year Government/Credit Index. The fund was formerly known as Strong Short-Term Income Fund. Wells Fargo Funds Trust - Short-Term Bond Fund was formed on August 31, 1987 and is domiciled in the United States.

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.